At least we know it exists now right?

Microsoft has finally officially revealed the date for the reveal of their new next-generation Xbox. Notable video game journalists around the world have been tweeting their invitation emails.

The event is set to take place on May 21 in Redmond, Washington. Don Mattrick and the rest of Microsoft’s Xbox team will be spearheading the reveal. The official Twitter hashtag for the reveal is #XboxReveal.

The next-gen Xbox, currently code named Durango, is supposedly set to be a cross-entertainment device with the ability to do more than just play video games. A new upgraded Kinect sensor is rumoured to launch at the same time as the new console.